Technology

I have coined the phrase "managed risk" merchant to correctly define and segregate the stigmatism that traditional Card Not Present (CNP) merchants obtain when labeled as "high risk" merchants.

Mobile wallets, at their most basic, enable consumers to manage their accounts and/or make purchases without cash or cards. On top of that foundation, many companies have come up with inventive features to set their apps apart.

A future where consumers make payments with wearable devices is not far off, especially in Spain where CaixaBank is working with Gemalto to launch a contactless EMV payment wristband.

Online authentication software from Nok Nok Labs now supports Apple's TouchID application interface, enabling consumers using any custom iPhone applications to leverage the fingerprint scanner for authentication.

Oberthur Technologies is launching a payment card that integrates fraud prevention technology from NagraID Security, a move designed to protect against online payment, or "card not present" fraud, twhich is expected to increase due to the EMV migration.

PagBrasil, a payment processor in Brazil, has launched a product that provides accelerated confirmation for online payments made using boleto bancario, the electronic payment method in Brazil.

GoDaddy Operating Co. Llc has made a series of payments technology deals that are designed to give merchants an incentive to remain with the online domain name registrar.

London-based technology company Birdback is bringing its card-linking platform to the U.S., where card-linked offers have been gaining momentum for several years.

As Federal Reserve Bank leaders continue to study the business case and complexities of establishing a faster U.S. payments system, FIS contends its past experience in other countries makes its technology the right fit for the initiative.

Payments providers have a unique challenge when it comes to satisfying their target audiences.